This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Culinary and Cocktail Trend Forecasts Kimpton is returning with its annual Culinary + Cocktail Trend Forecast highlighting predictions from its global team of restaurant and beverage talent. Freeze-Dried Fruit & Veggie Powders Freeze drying fruits or vegetables enhances both flavor and texture in beverages.
Still, keeping a steady team remains the top challenge, highlighting the need for ongoing innovation in restaurant workforce management. Embracing these innovations will be essential to meeting the evolving needs of the industry and its workforce. At the same time, technology is poised to play an even bigger role in the coming year.
By mid-2024, 82 percent of food and beverage operators were still actively recruiting, with chefs and cooks comprising 30 percent of open roles. Technology: The Double-Edged Sword Technological innovation continues to redefine the restaurant industry, offering tools to enhance efficiency and improve the customer experience.
Accuracy of food order leads the way at 88, while beverage quality and waitstaff performance both score 86. Mobile app reliability is 1 percent lower at 84, matching beverage quality, staff courtesy and helpfulness, food quality, and website satisfaction (the only metric to increase in 2025).
In his words, he could either “resist the change and struggle, or adapt, innovate, and find new ways to thrive” ( Navia Robotics, 2025 ). On the beverage side, robotic bartenders like Cecilia.ai While he has no plans to reduce staff, he admits that finding long-term, reliable employees has been tough. are shaking up service.
." There are opportunities for restaurant operators to innovate or adapt business models and menus to protect themselves from future tariff volatility, said Kafarakis, "It is already happening in beverage and there are opportunities for appetizers and desserts, especially in ready-to-eat products.
Restaurants are responding with creative menu innovations, offering smaller portions, bundled meal deals, and "value bites" menus to provide premium experiences at reasonable prices. With rising living costs and economic uncertainty during political unrest, Canadian consumers are increasingly cost-conscious.
These innovations will allow restaurant operators to do more with less and help create smart, seamless experiences that meet rising guest expectations. In 2025, we expect to see continued growth in menu innovation with bold flavors, premium ingredients, and creative presentations, keeping loyal fans happy while drawing in adventurous foodies.
“In 2025, restaurants are walking the fine line between automation and hospitality,” said Ming-Tai Huh, Head of Food & Beverage at Square. “Convenience stores have evolved from their gas-fueled beginnings to become true food and beverage destinations,” said Billy Roberts, food & beverage economist with CoBank.
. “This redesign is not just about aesthetics; it’s about enhancing the customer experience, improving operational efficiency, and creating a welcoming environment that reflects our commitment to quality and innovation." What kind of data points and research were utilized to complete the redesign?
Historically, coffee is a cheap product compared to tea, beer, and other alcoholic beverages, so it’s a necessary price increase; coffee is undervalued as a commodity.” Investing in equipment Given the large upfront investment to buy roasting equipment, café owners need to select cost-effective, efficient models.
The supermarket chain will refurbish 150 in‑store cafés with modular seating, digital kiosks, revamped menus, and energy‑efficient equipment. The move underscores a renewed focus on sustainability and innovation in Latin America. (Springdale, Arkansas, US) Tue, 17 Jun – Asda launches £10 mn café modernisation plan across its UK stores.
They expect baristas to have comprehensive knowledge about everything from processing methods to water chemistry , while still delivering exceptional beverages and memorable service experiences. Investing in staff development remains critical; however, innovative automation solutions are also providing a complementary strategy.
Although they may not always cater to mainstream coffee drinkers, these coffee shops serve an essential purpose: to bring consumers closer to innovation and excellence. These businesses focus exclusively on competition and award-winning coffees, bringing consumers closer to the highest standards of quality and innovation. “We
Check their ability to suggest appetizers, beverages, or desserts that complement the meal as well. They should mention specific aspects of your restaurant, such as a popular dish, innovative service style, or positive reviews. Equip your team with the tools and support they need to thrive. What did you do?
Growing menu innovation and healthy fast food further drive the growth of the market. As consumer preferences evolve, QSRs must constantly innovate their menus, marketing strategies, and customer service models to maintain market share. The most American jobs among beverage alcohol (41 percent). in the U.S. economy. "The
2025: The Year of M&A Growth As lowering interest rates and technological innovation boost optimism, restaurant franchise leaders are turning their attention to mergers and acquisitions. Over the next 12 months, 84 percent of respondents believe mergers and acquisitions (M&A) activity will increase.
Gross profit margin subtracts only the Cost of Goods Sold (COGS) to determine the profitability of your food and beverages, while net profit margin subtracts all your costs to determine the profitability of your entire operation. Your Cost of Goods Sold are your food and beverage costs along with the cost of any merchandise you sell.
Under an exclusive agreement, Kaapi Solutions, a leading provider of premium coffee equipment in India, will be the sole distributor and importer of Rocket Espresso’s Sotto Banco and Doppia machines. warehouse in Riverside, Missouri, featuring hundreds of bags of specialty green coffee, a cupping lab, and roasting equipment.
Based on a study of 300 Quick Service Restaurant (QSR) locations, including McDonald’s, Wendy’s and Burger King, the research introduces an innovative economic framework that adapts Purchasing Power Parity principles to analyze labor costs. Non-alcoholic beverages, with a 5.6 percent of the share but saw a decline of -6.9
The Cheesecake Factory rated highest for innovation with a net agreement score of 8 percent, beating out Texas Roadhouse (7 percent) and Chili’s (4 percent). Dutch Bros came out on top in every category, including customer service, in-store experience, value, drinks, lattes, iced coffee, cold brew and frozen beverages.
With the new equipment, MTPak Coffee now offers a minimum order quantity of 200 pieces and a one-week turnaround time after design approval. Syrups and sauce now cost US 80 cents per pump for unflavoured drinks, matcha powder is US $1 per scoop, and dried fruit is US 50 cents per scoop, with no charge for additions to pre-flavoured beverages.
Wine sales rose 12 percent while most other alcoholic beverages saw a decline, suggesting that fans opted for a more relaxed pre-concert vibe. This and other findings can be found in the latest “ Beyond the Burn ” report published by natural food and beverage ingredients supplier Kalsec Inc. Sales peaked at 11 a.m.
– Bo Davis, CEO and co-founder, MarginEdge As we look ahead to 2025, we anticipate the drive-thru beverage space will continue to be shaped by macroeconomic factors, compelling customers to prioritize value and positive experiences more than ever. Operators need better ways to stand out and improve the customer experience.
Investment in technology, risk management, and innovative approaches are key to balancing growth and risk in hospitality finance. The expertise of restaurant accountants is vital, with London-based accountants leading in innovative restaurant financial services. Learn more about our Accounting Services !
"Loyalty innovation is not always true innovation," Lynch added. "It’s Loyalty innovation sometimes simply is…Restaurants see others driving success with an initiative and they jump on the bandwagon, while tweaking it slightly to make it unique for their brand."
In the hypercompetitive food and beverage industry, restaurant operators are often subjected to a number of daunting challenges. Against a backdrop of rapidly changing customer demands and rising costs, technology has become more than a mere necessity for restaurants to adopt.
Blockchain technology is being explored as a way to ensure supply chain transparency and compliance with ISO standards, particularly in the food and beverage industry. SaaS software has improved this process dramatically and, moving forward, innovative new technologies are expected to elevate the ISO compliance process even more.
Food & Drug Administration (FDA) has updated and released a best practice guide focused on food and beverage service during the COVID-19 pandemic. Fortunately, we have witnessed the resiliency of the industry over the past several weeks, primarily in its ability to adapt and innovate at a remarkable rate.
New technology innovations now being introduced into the hospitality industry are designed to level out those pinch points. The holidays bring an increase in beverage inventory, particularly kegged inventory for bars and restaurants centered around draft programs. Manage and Optimize Your Increased Holiday Inventory.
As the calendar turns towards 2024, the restaurant industry stands at a crossroads, with innovation and adaptation at the heart of its ongoing evolution. As such, restaurants are investing in training and development programs to upskill their workforce, ensuring team members are equipped to handle the latest tools and technologies.
As per the International Organization for Standardization, a service robot performs functional tasks for humans or equipment, excluding industrial automation applications. In addition, in January 2021, Hyundai Robotics launched what it describes as a “food and beverage service robot” for the restaurant and catering sector.
“We will continue to create innovative products and further our go-to-market approach to ensure merchants nationwide have access to the tools they need to run their businesses. ” “Tastewise has been incredibly valuable in helping us to uncover white spaces in the food and beverage industry. BIBO Beverage Debuts.
Partnering with November Five, Le Pain Quotidien launched Alain.AI, a tool that can be called the world's first digital twin of a chef-founder and used to help with menu development, recipe standardization, and culinary innovation. "As In addition, Alain.AI "As with anything, familiarity is key. ."
And with a lack of visibility into the supply chain, teams are left to guess on shipment and pick-up timing for critical supplies, including beverage-grade gas. Innovative Vendors Offer Real-Time Data and Industry-Wide Insights. For example, with data, a franchise owner may see that they are ordering more beverage gas than they need.
Since the launch of the app in January 2021, Dutch Bros continues to listen to customers as they build their innovation roadmap, evolving the experience by creating new ways for customers to engage through the “Fun Stuff” area and the ability to share rewards with family and friends. Personalization Drives Results.
Additonally, ninety-six percent of operators experienced supply delays or shortages of key food or beverage items in 2021 – and these challenges will likely continue in 2022. There will continue to be ample opportunities for growth in 2022 and beyond."
2022 will be the year where the restaurant industry shows the world how flexible and techno-savvy it really is — applying what it has learned during a challenging two-year period and adopting technology that reinforces the industry’s innate appetite for innovation. Jay Fiske, Vice President, Powerhouse Dynamics.
The discussion included food, beverage, nutrition, lifestyle and unique aspects of boutique and high volume foodservice. The debate over manufactured plant proteins and whole plants has begun, and it has spurred innovation in menus across all segments of the foodservice industry.
Within a single chat interface, consumers can go through the entire menu, choose food and beverage products, add them to their cart, and make payments. These innovations will result in happier owners, staff, and—most importantly—customers.
Major advances in menu innovation, a field my org has some experience in, have shifted course in the past year as many restaurants have switched to almost entirely off-premise meals. McDonald’s is already testing menu tech that suggests hot or cold beverages based on the weather.
In this edition of MRM Research Roundup, we have news on understanding customer loyalty, beverage insights, restaurant supply loyalty, the influence of discounts, the state of payments and the evolution of gift cards. " Beverage Insights. So, what could a better designed and delivered beverage program mean for the channel?
Almost every restaurant with liquor on the menu has their share of creatively named house cocktails and luring drink specials, but is your restaurant making the most of its beverage program? Every bar/beverage manager can tell you about their distributors purchase incentives. Buy two bottles, get one free.”
The goal for every food and beverage company is to synchronize supply and demand. Ultimately, those that have embraced a consumer-led journey are ahead and are working on ways to out-innovate their peers. To do so, restaurants need to be mindful of these key elements of successful supply chain management. Planning and Forecasting.
We organize all of the trending information in your field so you don't have to. Join 49,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content